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Are You A Salaried Employee? Here’s All Your Income Tax Deductions for the FY 2019-20

The income tax filing season doesn’t usually come alone, it brings along a humongous amount of stress with it. Despite the fact that only less than 3% of India is paying the income tax, the number of ways you can lose your hard earned money in the name of income tax is overwhelming. In this … Continue reading Are You A Salaried Employee? Here’s All Your Income Tax Deductions for the FY 2019-20

What every Non Resident Indian needs to know on their Tax Implications in India

In income tax parlance, individuals who are permanent residents of India are known as resident individuals. It is the duty of all such citizens to pay taxes on the income that they earn and file income tax return each year. However, it is the non-residents or those who are not ordinarily resident in India, who … Continue reading What every Non Resident Indian needs to know on their Tax Implications in India

5 Mistakes You Should Avoid in Selecting Tax Saving Investments

The word ‘tax’ troubles every salaried individual and business person, equally. Nobody likes when a portion of their income gets deducted in the form of tax. Therefore, individuals that fall in the tax bracket, choose certain tax-saving schemes like PPF, Mutual Funds, and tax-saving FDs, life insurance, Mediclaim policy or property investment. The deduction available … Continue reading 5 Mistakes You Should Avoid in Selecting Tax Saving Investments